Alternative Investment Advisors, LLC logo

Alternative Investment Advisors, LLC

Updated today

Client assets under management

$375,455,606

Clients

1,418

5% high-net worth

Advisors

11

of 15 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

129

Very High

Average account size

$264,778

About

Alternative Investment Advisors, LLC provides investment advisory services to individuals (including high‑net‑worth clients), as well as institutional and plan clients, through separately managed accounts, financial planning and consulting, ERISA/retirement plan services, third‑party manager referrals, and educational seminars. Like many multi‑team advisers, it delivers portfolio management and planning for individual clients and generally charges asset‑based advisory fees.

The firm deploys customized, primarily discretionary portfolios that start from defined base model allocations (Conservative Allocation, Diversified Balanced, Tactical Growth) and are tailored to client suitability; portfolio holdings commonly include ETFs, options, mutual funds, bonds and alternative investments. AIA uses established custodial relationships (Charles Schwab is identified as its preferred qualified custodian), refers clients to third‑party managers such as City National Rochdale (Pershing custody), leverages the Pontera platform to monitor held‑away assets, and discloses that it currently uses artificial intelligence for operational and administrative tasks rather than for investment selection.

Notable differentiators in the brochure include the firm’s affiliation with a parent entity operating as FirstFlorida Strategies/FFS and its documented promoter and third‑party manager referral arrangements that involve revenue sharing and disclosure to clients. The brochure also highlights operational and compliance specifics that are more detailed than many peers’ disclosures — for example, explicit ERISA/rollover guidance under PTE 2020‑02, procedures for standing letters of authorization and trade errors, and an extensive discussion of digital‑asset, options and structured‑product risks — and it discloses that some IARs maintain separate broker‑dealer or insurance roles that the firm manages through policies and disclosures.

Client services

Financial planning Portfolio management Selection of other advisers Educational seminars or workshops

Expertise

Active portfolio management Options & derivatives strategies Tax-loss harvesting

Fee options

Fixed

Fixed fees ranging typically from $1,000 to $2,500 for Financial Planning & Consulting Services

Percentage

0.25% to 2.50%, negotiable case-by-case

Project-based

$250.00 per hour for Financial Planning & Consulting Services

Other

Account minimum: $25,000 Minimum fee: Minimum hourly Financial Planning Fee of $500.00

Main office location

Alternative Investment Advisors, LLC

341 N Maitland Avenue, Suite 132

Maitland FL 32751, United States

Number of offices

2

Most active in

Florida · Iowa · Minnesota · Nebraska · North Carolina · South Dakota · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Ryan W

Series 65

Sioux Falls, SD

Alternative Investment Advisors, LLC

Ryan Wilhelm is a financial advisor at Alternative Investment Advisors, LLC in Sioux Falls, SD, holding a Series 65 credential. He has been with the firm since 2025 and has prior experience as a broker associate at The Experience Real Estate since 2017. Outside of financial advising, Wilhelm serves as an assistant coach for the Jefferson High School track and field team. Alternative Investment Advisors, LLC provides portfolio management, financial planning, and employee benefit advisory services to individuals, trusts, and institutional clients. The firm employs a team-based approach and customizes client portfolios primarily using ETFs and options, supported by a combination of fundamental, quantitative, qualitative, and technical analysis.

Active portfolio management Options & derivatives strategies Tax-loss harvesting
user avatar

Jeffrey S

Series 63, Series 65

Maitland, FL

Alternative Investment Advisors, LLC

Jeffrey Skraban is a financial advisor with Alternative Investment Advisors, LLC and holds Series 63 and Series 65 designations. He has 26 years of industry experience, including roles at APW Capital Inc, Delta Securities Company, and First Financial Strategies, LLC. He is also a managing member of Alternative Investment Advisors and a co-owner of First Financial Strategies, where he is involved in sales and support of insurance products. Alternative Investment Advisors, LLC serves individuals, trusts, and institutional clients by providing discretionary and non-discretionary portfolio management, financial planning, and employee benefit plan advisory services. The firm employs a team-based approach and customizes client portfolios using a variety of investment methods, emphasizing ETFs and options.

Active portfolio management Options & derivatives strategies Tax-loss harvesting
user avatar

Lida P

Series 65

Maitland, FL

Alternative Investment Advisors, LLC

Lida Phillips is a financial advisor with Alternative Investment Advisors, LLC, holding a Series 65 designation and two years of industry experience. Her prior work includes roles at Proficient Processing, LLC, Orange County Public Schools, and the University of Central Florida. Alternative Investment Advisors, LLC provides portfolio management, financial planning, ERISA and employee benefit plan advisory, and third-party manager referral services to individuals, trusts, and institutional clients. The firm customizes asset allocations primarily using ETFs and options and offers educational seminars and workshops for groups seeking general investment instruction.

Active portfolio management Options & derivatives strategies Tax-loss harvesting
user avatar

Thomas H

Series 66

Maitland, FL

Alternative Investment Advisors, LLC

Thomas Hood is a Series 66-licensed financial advisor with 17 years of industry experience. He is a managing member and investment advisor at Alternative Investment Advisors, LLC, where he has worked since 2013. Mr. Hood also has involvement with First Financial Strategies, supporting insurance sales through its affiliated entities. Alternative Investment Advisors, LLC serves individuals, trusts, and institutional clients by providing discretionary and non-discretionary portfolio management, financial planning, ERISA and employee benefit plan advisory, and third-party manager referral services. The firm employs a team-based approach and customizes portfolios using a range of investment models that emphasize ETFs, options, and other asset classes.

Active portfolio management Options & derivatives strategies Tax-loss harvesting
user avatar

Dwight D

ChFC®, Series 63, Series 65

Maitland, FL

Alternative Investment Advisors, LLC

Dwight Dykstra is a ChFC® credentialed financial advisor with over 43 years of industry experience. He is affiliated with Alternative Investment Advisors, LLC and has held roles at several firms including Florida Financial Consulting LLC, First Financial Strategies, LLC, and Aegis Wealth Management, LLC. Outside of traditional advisory work, Mr. Dykstra is a managing director for Storage Units Alternative Income Fund, LLC and is involved in consulting and managing alternative income funds related to assisted living facilities. Alternative Investment Advisors, LLC provides discretionary and non-discretionary portfolio management, financial planning, ERISA and employee benefit plan advisory, and third-party manager referral services to individuals, trusts, and institutional clients. The firm utilizes a team approach to customize portfolio allocations, emphasizing ETFs and options alongside other asset classes, and offers complimentary educational seminars for clients and groups.

Active portfolio management Options & derivatives strategies Tax-loss harvesting
user avatar

Eric H

Series 65

Sioux Falls, SD

Alternative Investment Advisors, LLC

Eric Hultgren is an investment advisor representative at Alternative Investment Advisors, LLC with three years of industry experience. He holds a Series 65 designation and has worked at Alternative Investment Advisors since 2022. Prior to this, he served with the Social Security Administration and Sioux Falls Fire Rescue. Outside of his advisory role, he currently works as a Claims Technical Expert at the Social Security Administration, assisting beneficiaries with their claims. Alternative Investment Advisors, LLC provides discretionary and non-discretionary portfolio management, financial planning, ERISA and employee benefit plan advisory, and third-party manager referral services to individuals, trusts, and institutional clients. The firm uses a team-based approach and emphasizes customized asset allocation with portfolios that include ETFs, options, mutual funds, equities, and fixed income.

Active portfolio management Options & derivatives strategies Tax-loss harvesting
user avatar

Braden S

Series 66

Sioux Falls, SD

Alternative Investment Advisors, LLC

Braden Smidt is a financial advisor with Alternative Investment Advisors, LLC, holding a Series 66 designation and bringing nine years of industry experience. His career includes roles at Swenson Wealth Management and several other financial firms. Outside of his advisory work, he provides assistance with estate planning and client insurance needs through Swenson Wealth Management and offers administrative support to Skyline Capital, LLC. Alternative Investment Advisors, LLC serves individuals, trusts, and institutional clients by providing discretionary and non-discretionary portfolio management, financial planning, and employee benefit plan advisory services. The firm emphasizes customized asset allocation using ETFs, options, and other securities, and offers educational seminars to support client investment knowledge.

Active portfolio management Options & derivatives strategies Tax-loss harvesting
user avatar

Mark K

Series 65

Sioux Falls, SD

Alternative Investment Advisors, LLC

Mark Kontz is a financial advisor with Alternative Investment Advisors, LLC, holding a Series 65 credential and nine years of industry experience. He has worked at Swenson Wealth Management and Gradient Advisors, LLC, and operates Financial Distributors, LLC, where he is president. Kontz also supports capital raising and administrative functions for Skyline Capital, LLC. Alternative Investment Advisors, LLC provides portfolio management, financial planning, ERISA and employee benefit plan advisory, and third-party manager referral services to individuals, trusts, and institutional clients. The firm emphasizes customized asset allocation using ETFs, options, and other securities, and offers educational seminars for groups seeking investment instruction.

Active portfolio management Options & derivatives strategies Tax-loss harvesting
user avatar

Michael T

Series 63, Series 65

Sioux Falls, SD

Alternative Investment Advisors, LLC

Michael Teslow is an investment advisor representative at Alternative Investment Advisors, LLC with 37 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at firms including Aegis Wealth Management and Vision Brokerage Services. Outside of his advisory roles, he is involved in nutritional supplement sales through Max One Nutrition LLC and serves as president of Cowmazing, LLC, a recreational real estate ownership. Alternative Investment Advisors, LLC provides portfolio management, financial planning, ERISA and employee benefit plan advisory, and third-party manager referral services to individuals, trusts, and institutional clients. The firm uses a team-based approach with customized asset allocation strategies emphasizing ETFs and options, and offers educational seminars for investors.

Active portfolio management Options & derivatives strategies Tax-loss harvesting
user avatar

Kathryn T

Series 65

Sioux Falls, SD

Alternative Investment Advisors, LLC

Kathryn Swanson is a financial advisor with Alternative Investment Advisors, LLC, holding a Series 65 designation and one year of industry experience. Her prior roles include positions at Swenson Wealth Management, LifePlan Financial, and Bolton and Menk, Inc., as well as multiple engagements with Camp Shamineau. Alternative Investment Advisors, LLC offers discretionary and non-discretionary portfolio management, financial planning, and employee benefit plan advisory services to individuals, trusts, and institutional clients. The firm uses a team-based approach to customize portfolios primarily through ETFs and options, supplemented by educational seminars and workshops.

Active portfolio management Options & derivatives strategies Tax-loss harvesting
user avatar

Travis K

Series 66

Sioux Falls, SD

Alternative Investment Advisors, LLC

Travis Krueger is a financial advisor with Alternative Investment Advisors, LLC, holding a Series 66 credential and 18 years of industry experience. He has held roles at Skyline Capital, LLC, Swenson Investments & Commodities, Aegis Wealth Management, and Vision Brokerage Services. Outside of his advisory work, Mr. Krueger is involved in several real estate development and consulting ventures, including ownership and management roles in local construction and development companies. Alternative Investment Advisors, LLC provides discretionary and non-discretionary portfolio management, financial planning, and employee benefit plan advisory services to individuals, trusts, and institutional clients. The firm employs a team-based approach, using customized asset allocation models that emphasize ETFs and options, and offers educational seminars alongside its investment services.

Active portfolio management Options & derivatives strategies Tax-loss harvesting
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